1129 Lyon Street NE, Grand Rapids, MI 49503


$1,455,000 - Sold


Listed By:
Ryan Ogle
616-901-4541
EXP Realty (Grand Rapids)
616-901-3620

  • MLS#: 24059440
  • Number of Units: 8
  • Type: 5+ Units
  • School District: Grand Rapids
  • County: Kent
  • Taxing Authority: City of Grand Rapids

  • Year Built: 1961
  • Basement: Yes
  • Air: Central Air
  • Lot Size: 110 x 243
  • Square Footage: 6,272
  • Exterior: Brick
  • Water: Public Water4
  • Acreage: .61
  • Heat: Forced Air/Natural Gas
  • PPN: 41-14-29-130-031
  • Sewer: Public Sewer5
  • Water Body: None

  • Water Features: None
  • Utilities Attached: Electricity Connected,Natural Gas Connected,Phone Connected
  • Utilities Available at Street: Cable Available,Electricity Available,Natural Gas Available,Phone Available,Public Sewer,Public Water
  • Extras: None

  • Lot Description: Level
  • Frontage/Type: 110 / Street, 0 / Water
  • Terms: Cash, Other27
  • Original Price: $1,550,000
  • Complex Name: 
  • Association Amenities: 
  • Association Includes: 
  • Directions: Between Michigan and Fulton. West off Fuller on Lyon.

  • Property Description: Now offering this solid 8-unit real estate investment opportunity in Grand Rapids, Michigan. Situated in a high-rent district and close to shopping, restaurants, highways, hospitals and more. All 8 units have been tastefully remodeled, and the property is completely turnkey. Each unit features 2 sizable bedrooms, 1 bathroom, updated kitchen and living room spaces and private laundry. Plenty of private off-street parking available. New roofs, Pella windows, A/C units and furnaces as of 2 years ago. Tenants pay all utilities except for water. Possible value-add with garden unit development in the basements. Don't miss out on this opportunity to build your rental portfolio!

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